Tax revenues in the seven-month period January-July amounted to 33.66 billion euros and were increased by 2.246 billion euros or 7.1% compared to the budget target.

This outperformance is due to the extension of the deadline for the payment of traffic fees but also to the better performance of income taxes for natural and legal persons.

In particular, according to the state budget execution data, on a modified cash basis, for the period January – July 2023, there is a deficit in the state budget balance of 1,435 million euros against a target for a deficit of 2,320 million euros included for the corresponding period of 2023 in the introductory report of the 2023 Budget and a deficit of 4,585 million euros in the corresponding period of 2022.

The primary result was a surplus of 3,558 million euros, against a target of a primary surplus of 1,830 million euros and a primary deficit of 1,161 million euros for the same period in 2022.

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